/biz/ - Business & Finance

>>17115359
>NOOOOO WE CANNOT MAKE MORE DEBT, IT IS NOT SUSTAINABLE, WE NEED TO REDUCE PUBLIC SPENDING
reducing public spending means stealing money to citizens because you are de facto forcing a GDP reduction
Do you want to see something really unsustainable?
Deutsche bank level 3 derivatives (which are literally impossible to monetize)
but hey, EU is pushing for ESM and banking union just to save that gigantic pile of shit
so it's fine to save shitty banks with NPL and L3 derivatives, but it's not fine to do +3% deficit to fund r&d, infrastructures and so on?
anon I...
europeists needs to be gassed, they are fucking economically blind